| Contents | ||
|---|---|---|
| Trustees' AnnualReport | .....2-6 | |
| lndependentExaminer's Report....................,...............7 | ||
| Receipts&Paymentsaccount | .................8 | 1 |
| Itlotesto the financialstatements... | ...".....10-1? |
| Reference andadministrativein | formation |
|---|---|
| Charityname: | GlobalRecordingsNetworkUK |
| Scottish CharityNumber: | SC050331 |
| E&WCharityNumber: | 266476 |
| Principal&Registeredoffice: | StJames BusinessCentre, LinwoodRoad, Paisley,PA33AT |
| Website: | www.slobalrecordinqs.net/en/uk |
| Bankers: | NatWest,33 HighStreet,UilhWycombe,HP11 2AG |
| Solicitors: | BrodiesLLP,15AthollCrescent,fdilburgh,EH38HA |
| IndependentExaminer: | JPSBookkeeping,1MacDowall Street,PaisleyPA32NB |
| t+ | Unrestrirtetl | Rrstrieted | 2023 | 2022Total | |
|---|---|---|---|---|---|
| Total | |||||
| f | t | f. | f. | ||
| RECEIPTS | Note | ||||
| I)onations | 5 | 37,989 | 6,227 | 44,2t6 | 31,374 |
| Grants | A | 0 | 0 | 0 | |
| Legacies | 0 | 0 | |||
| Fundraising | 0 | 0 | |||
| Charitable aetivities | 0 | 0 | |||
| lnvestment incorne | 1 | 0 | 627 | 627 | 32 |
| TotalReeeipts | 37,989 | 6,854 | 44,843 | 31,406 | |
| PA}'1{ENTS | |||||
| CharitableActivities | 8 | 36,181 | 9,123 | 45"304 | 52,887 |
| Grants&Donations | 9 | 10,941 | 0 | 10,941 | 7,855 |
| GovernanceCosts | 0 | 0 | |||
| Fundraisin gActivities | |||||
| Purchaseof FixedAssets | 0 | 0 | |||
| '['otalFavruents | 47,122 | 9,123 | 56,245 | 60,742 |
|
| Surplus/ (deficit)before transfers | (9,133) | {2,269) | (i1,402) | {29,336) | |
| f'ransfercfExpensesbetweenGeneral& | (2,8e6) | 2,896 | |||
| ReservesAccount | |||||
| Transferof FundsbetweenGeneral&Reserves | 15,000 | (15,000) |
0 | 0 | |
| Account | |||||
| Surplus/ (de{icitiallertranslers | 2,e7r | $4373) | (11,402) | {2e,336) |
| Unrestricted | Restricted | 2023 | 2022Total | |
|---|---|---|---|---|
| Total | ||||
| Bankand CashinHand | f. | f. | f | f |
| Openingbalances Sutplus/(deficit) fortheyear |
2,431 2,971 |
97"413 (14,373) |
99,844 (11,402) |
129,180 (29,336) |
| Closingbalances | 5,402 | 83,040 | 88,442 | 99,844 |
| OtherAssets | ||||
| Gift AidTaxRebate | 0 | 0 | 0 | |
| OfficeEquipment Recording&editing equipment |
1,100 3.500 |
I | 1,100 3,500 |
1,100 3,500 |
| Stock ofresources | 500 | 500 | 500 | |
| TotalotherAssets | 5.100 | 0 | 5,100 | 5,100 |
| Liahilities | ||||
| Independent Examiner'sFee | 450 | 450 | 450 | |
| Total Liabitities | 450 | 0 | 450 | 450 |
| havepaiddueregardtothe Char whatactivitiesthecharity shsuld 5"Donations received |
ityCommissionguidan undertake. |
ce on public | benefit befor | e deciding |
|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | 2022Totsl | |
| Total | ||||
| T | f. | + | f. | |
| GiftAidTaxRebate | 056 2, |
0 | 2,456 | t,546 |
| GRNIIKStaff | 0 | I,587 | 1,587 | 4,444 |
| KosovoVictoryChwch | 0 | 2,5 10 | 2,510 | 1,443 |
| Kosovo LadiesHoliday2A18DA19 | 0 | 30 | 30 | 0 |
| King USA | 0 | 600 | 600 | 600 |
| Projects Othergeneraldonations |
0 35.933 --.--- |
1,500 | i,500 ?(q'l'l --.--- |
1,500 )1,841 -- |
| TotaiDonationsreceived | 37,989 | 6,227 | 44,216 | 31,374 |
| 6.GrantsReceived | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | 2022Tot*l | |
| Total | ||||
| f.f.ff | ||||
| Ardbarron TrustLimited | 000 | |||
| TBF&KLThornson Trust | 00 | |||
| BerakahCharityTrust Fund | 00 | |||
| TotalGrant Income | 0 | 0 | rJ | 0 |
| 7. | lnvestmentlncome | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2423 | ?022'l'otat | ||
| Total | |||||
| { | fL | L | f, | ||
| Bank | interest | 627 | btt | 32 | |
| Total | investment income | 0 | 62',7 | 627 | 1a |
| L'nrestrictcd | Rrslrirted | 2023 | 2022Tatal | |
|---|---|---|---|---|
| Total | ||||
| {. | f | f. | L | |
| Office-Rent | 4,523 | 4,523 | 4,471 | |
| Office- Telephone | 264 | 264 | 265 | |
| Office- Computer I Internet | 361 | JOt | 824 | |
| Office -Starionery/Postage | 94 | (350) | (256) | {28s) |
| Office-Printing | 0 | (, | 42 | |
| Office- General | 1"381 | 1,492 | 2,873 | 1,617 |
| Total OtficeCosts | 6,623 | 1,142 | 7,"16s | 6,934 |
| StaffCosts- Home Rent | 0 | 0 | 1,900 | |
| StaffCosts- CouncilTax | 0 | 0 | 458 | |
| StaffCosts -Utilities | 0 | 0 | 118 | |
| StaffCosts-Car/Miieage | 0 | 0 | 572 | |
| StaffCosts -General | 540 | 0 | 540 | 424 |
| StafTCosts-Salary | 24,837 | 24,837 | 19,872 | |
| StaffCosts- Director'sPension | 0 | 0 | 231 | |
| TotalStaffCosts | 25,377 | 0 | 25,377 | 23,575 |
| Mission Trips-Recordingtrips | 554 | 278 | ||
| iv{issionTrips- Conferences | 306 | 306 | 5,449 | |
| MissionTrips -Travel | 400 | 400 | 794 | |
| TotalMission Trips | \,260 | 0 | 1,260 | 6.48i |
| RelocatianCosts | 0 | 0 | ||
| Education -Fees | {) | 0 | 3,A24 | |
| KosovoVictoryChurch | "t,484 | 7,484 | 5,031 | |
| King USA | 497 | 497 | 0 | |
| Other charitable activities | 2,921 | 2,921 | 7,842 | |
| TotalOther charitable activities | .)o)1 | 7,981 | 10,902 | 15,897 |
| Total charitableactivities | 36,181 | 9,123 |
45,304 | 52,887 |
| Unrestricted | Restricted | 2023 | ?022Total | |
|---|---|---|---|---|
| Total | ||||
| f. | € | g | f. | |
| TitheSpending- GRN | 3,810 | 3,810 | 6,202 | |
| TitheSpending-Others | 0 | 0 | 422 | |
| Other grants&donations | 7,t31 | 7,131 | t,231 | |
| TotalGrants&Donations | 10,941 | 0 | 10,94t | 7,85s |
| for thepurposesof speci | fic projects and lo | cations. | |||
|---|---|---|---|---|---|
| 30Jun22 | Incoming | Outgoing | 'fransl'ers | 30Jun | |
| 23 | |||||
| f. | f | f. | f. | f, | |
| Restricted Funds | 97,4t3 | 62'7 | 0 | (15,000) | 83,040 |
| TotalRestricted Funds | 97,413 | 627 | 0 | (15,000) | 83,040 |
| activities of the charity, ot | her than thosef | orwhichfundingisrestricted or des | ignated |
|---|---|---|---|
| 30Jun22 | Incoming OutgoingTransfers | Jun 30 |
|
| 23 | |||
| t{.[f | I | ||
| GeneralFunds TotalUnrestrictedFunds |
2,431 2,431 |
44,s66 (56,s9s)r5,000 44,566 (56,595)15,000 |
5,402 5,402 |